iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
17,255 Blog Posts

Covered Shorts: $NVDA, $BAC

The days of my swashbuckling are rounding near an end. This sort of sordid trading is for ape-faced degenerates. I’m much happier basing my investments off grander theories, one’s using mathematical formulas and data that I can chew on.

Nevertheless, I covered my NVDA short for nearly a 20 point gain and BAC for a 5% loss. Additionally, I sold my Russian short, RUSS, for breakeven.

The proceeds are in cash and a little MARA. After the new year, I am fairly certain I will cease trading in this manner, for it is for fools and vagrants.

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7 comments

  1. Marc David

    I’d like a smaller subscription where as the OS signals (which are spot on since 09) just get sent via text. This would be ideal for us who are done trading but wish to know when to add to passive investments.

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  2. sarcrilege

    JIT to get investing pointers on how to generate measly 1000% ROI from bitcoiners before year end.

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  3. dragun

    Trading off quant is far more ci ilized. No room for anchoring bias.

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